Supportplan Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06967390 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2018

FOR

SUPPORTPLAN LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

L A W Beecheno

A Beecheno

REGISTERED OFFICE:

Unit 17

83 Crampton Street

London

SE17 3BQ

REGISTERED NUMBER:

06967390 (England and Wales)

ACCOUNTANTS:

Ellis Atkins

Chartered Accountants

1 Paper Mews

330 High Street

Dorking

Surrey

RH4 2TU

FIXED ASSETS

Tangible assets

4

71,839

105,557

CURRENT ASSETS

Debtors

5

134,212

124,763

Cash at bank

1,361,178

1,075,335

1,495,390

1,200,098

CREDITORS

Amounts falling due within one year

6

450,069

375,842

NET CURRENT ASSETS

1,045,321

824,256

TOTAL ASSETS LESS CURRENT LIABILITIES

1,117,160

929,813

PROVISIONS FOR LIABILITIES

7

13,649

20,056

NET ASSETS

1,103,511

909,757

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

1,103,411

909,657

SHAREHOLDERS' FUNDS

1,103,511

909,757

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2018 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors on 8 April 2019 and were signed on its behalf by:

L A W Beecheno - Director

1.	STATUTORY INFORMATION

Supportplan Ltd is a private company, limited by shares , registered in England and Wales. The company's

registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents net invoiced sales of goods and services, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business has been fully amortised in the current year.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

Straight line over 3 years

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

50% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to

the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the

lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2017 - 10 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 August 2017

228,284

8,672

24,994

261,950

Additions

25,587

-

10,036

35,623

At 31 July 2018

253,871

8,672

35,030

297,573

DEPRECIATION

At 1 August 2017

126,293

5,106

24,994

156,393

Charge for year

63,610

713

5,018

69,341

At 31 July 2018

189,903

5,819

30,012

225,734

NET BOOK VALUE

At 31 July 2018

63,968

2,853

5,018

71,839

At 31 July 2017

101,991

3,566

-

105,557

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade debtors

116,618

106,050

Other debtors

17,594

18,713

134,212

124,763

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade creditors

47,231

32,171

Taxation and social security

131,192

113,089

Other creditors

271,646

230,582

450,069

375,842

7.	PROVISIONS FOR LIABILITIES

2018

2017

£

£

Deferred tax

13,649

20,056

Deferred

tax

£

Balance at 1 August 2017

20,056

Timing differences

(6,407

)

Balance at 31 July 2018

13,649

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2018

2017

value:

£

£

100

Ordinary

£1

100

100

9.	ULTIMATE CONTROLLING PARTY